Nagpur: The Enforcement Directorate (ED) has finally taken the Empress Mall in its custody under the Prevention of Money Laundering Act (PMLA), 2002 to the tune of about Rs 483 crore of M/s KSL & Industries Limited in connection with bank fraud by Tayal Group of Companies.
Properties attached include these commercially diverted land of approx 2,70,374 sq ft as well as shopping malls of Industries Limited and KSL. Which comes under the Tayal group.
The Enforcement Directorate had successfully completed the attachment process of the mall on Wednesday. In this case of fraud in Andhra Bank and Bank of India up to Rs 524 crore, action under the Prevention of Money Laundering Act was started. In May 2019, The Enforcement Directorate, Kolkata had provincially attached Empress Mall. And it has also attached another property of Tayal Group to the tune of about Rs 234 crore in connection with the fraud with Commercial banking company (UCO) Bank.
The total seizure of this group so far is up to Rs 717 crore. Sources have also told that The Enforcement Directorate will also recover the earnings of KSL.
Five of the Tayal group companies – Real Estates, Jaybharat Textile, Actiff Corporation, KKTL, and Eskay Knit (India) – had taken bank loans.
This group had allegedly used shell companies to use this money for various business activities and profitable ventures of KSL.
Zone 3 Police took action against liquor shops
Nagpur: Pachpauli police have registered a case against liquor traders who offer liquor to customers by putting up illegal sheds.
Zone 3 DCP whose name is Gajanan Rajmane. Only after his instructions, the police officers of Pachpavali have taken action against the traders of country liquor shop Rajesh Gopal Shende of Shobhakhet and Ishwarlal Jaiswal Kamal Square.
Illegal sheds were built just near their shops. There, liquor was also offered to the customers along with many facilities. About 10 people have been taken into custody in both these actions.
Under the direction of Rajmane, a massive campaign has been conducted in the police station areas falling under Zone 3 for the last 4 days. And under this campaign, action is being taken against all the criminals who put up illegal hoardings with the intention of spreading panic.